Qatar Airways Group has acquired a 25 per cent stake in Southern Africa’s premier independent regional carrier, Airlink. The announcement is a continuation of the multi award-winning airline’s ambition to further develop its operations across the African continent. The investment in Airlink – which flies to more than 45 destinations in 15 African countries – will enhance a code-sharing partnership between the two airlines. The deal will bolster Qatar Airways’ Africa growth strategy and … [Read more...] about Qatar Airways acquires 25 percent stake in Airlink
international express delivery
J&T Express turns to net profit in H1 2024
J&T Global Express Limited a global logistics service provider, announced its 2024 interim results for the first half of 2024. In the first half of the year, J&T’s revenue reached US$4.86 billion, representing a year-over-year increase of 20.6%. Revenue of its core business, express delivery services, reached US$4.74 billion, marking a YoY increase of 33.7%. Gross profit showed a YoY increase of 176.8% to US$540 million. In H1 2024, all of J&T’s profit metrics swung to positive. The … [Read more...] about J&T Express turns to net profit in H1 2024
Passenger traffic reaches post-pandemic high at HKIA in July
Airport Authority Hong Kong (AAHK) released Hong Kong International Airport’s (HKIA) air traffic statistics for July 2024. During the month, HKIA handled around 4.8 million passengers, representing a 24.7% year-on-year growth, while cargo throughput was up 14.6% to 414,000 tonnes in July. Flight movements increased to 31,100, up 29.3% compared to July 2023. Passenger traffic has maintained the growth momentum in July as daily passenger traffic exceeded 170,000 on peak days. On 28 July, HKIA … [Read more...] about Passenger traffic reaches post-pandemic high at HKIA in July
FedEx launches its Surround® monitoring and intervention solution to enhance global supply chain visibility
Federal Express Corporation, one of the world's largest express transportation companies, announced the launch of its innovative FedEx Surround®, an intelligent solution for monitoring and intervention designed to elevate logistics and supply chain management by enhancing control and visibility of shipments for customers. This solution is currently available for customers in Singapore, and Hong Kong SAR, and will soon be rolled out to additional APAC markets including China, Japan, Malaysia, … [Read more...] about FedEx launches its Surround® monitoring and intervention solution to enhance global supply chain visibility
Austrian Airlines takes off with sharkskin
Austrian Airlines will be the first airline globally to equip their Boeing 777-200ER aircraft with innovative “AeroSHARK” surface technology. On a total of four Boeing 777-200ERs the fuselage and engine nacelles will be covered with the “sharkskin” film developed by Lufthansa Technik and the company BASF. The significantly reduced frictional resistance resulting from the film will reduce the CO2 emissions of Austrian Airlines’ long-haul fleet and fuel consumption. Savings of over 8,000 tons of … [Read more...] about Austrian Airlines takes off with sharkskin
AEI redelivers 20th CRJ200 SF freighter to Aernoaves TSM
Aeronautical Engineers, Inc. (AEI) announced that it has delivered a CRJ200 SF freighter to Saltillo, Mexico-based Aeronaves T.S.M. S.A. de C.V. (TSM). This aircraft (MSN 7601) delivery marks the 20th AEI CRJ200 SF freighter conversion received by TSM and marks the 42nd overall freighter that TSM has ordered directly from AEI. The touch labor for the CRJ200 SF was carried out by the authorized AEI Conversion Center, Commercial Jet in Dothan, Alabama. “TSM is an exceptional airline that has … [Read more...] about AEI redelivers 20th CRJ200 SF freighter to Aernoaves TSM
